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Hormel Foods HRL Accrued Expenses

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Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.77B+10.3%
Enterprise value$15.82B
P/E19.6×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Hormel Foods’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 2:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000048465-26-000026
In thousands, except share and per share amountsApril 26, 2026October 26, 2025
Total Assets$13,344,286$13,393,119
Liabilities and Shareholders’ Investment
Accounts Payable$669,380$731,578
Accrued Expenses78,72655,772
Accrued Marketing Expenses122,512113,947
Employee-related Expenses241,533273,402
Interest and Dividends Payable182,246180,700
Taxes Payable3,05918,752

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's accrued expenses?
Hormel Foods (HRL) reported accrued expenses of $78.73M in Q1 2026.
How has Hormel Foods's accrued expenses changed year-over-year?
Hormel Foods's accrued expenses increased by 47.6% year-over-year, from $53.35M to $78.73M.
What is the long-term trend for Hormel Foods's accrued expenses?
Over 5 years (2020 to 2025), Hormel Foods's accrued expenses has grown at a -1.2% compound annual growth rate (CAGR), from $59.14M to $55.77M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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